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you very much. >> coming up next, encouraging signs from washington we're not going over the fiscal cliff. >> positive reaction news got today on wall street. stay with us. >>> washington will be able to step back from the edge of fiscal skplif reach a deal to avoid tax increases and spending cuts. house speaker john boehner returned to the white house today, word is that the two inched towards a deal following a new proposal from the president. the plan increasing the top tax rates on tax payers earning more than $400,000 a year. >> tonight new signs of optimism on wall street. dow rose 100 points today, snapping a three day losing streak. a and p gained 16 because of signs on solving the deficit crisis. google stock went up $18 a share on reports an antitrust investigation could end this week with no major action required. google has been accused of giving lower rankings to competitors making it harder for customers to find them, apple said it sold more than two million iphone 5s in three days following it's release in china. that is a a record launch in china. >> well, still to c
washington on republican plan b to avoid the so called fiscal cliff that is coming. house speaker john boehner said he would bring to it a vote today. ñ ago, postponed it. it would raise tax rates only on people that make $1 million or more. the white house wants the cutoff point to be $400,000. democrat nancy pelosi said it would add half a billion dollars to the deficit. she called on republicans to stop introducing quote, bills to know where. -- nowhere. >> and who served in the senate 50 years died monday at age 88 of respiratory come politics his body now lies in state in the capitol row tunda. a tribute paid to only 30 other people. last being president ford, six years ago, but now, senator from hawaii honor that had way as well. >> despite apparent stalemate over the fiscal cliff,5zl stock prices went up today, dow jones gained almost 60 points, nasdaq and s and p both inched up as well. sales of previously owned homes have risen to highest levels in three years, up 5.9% last month, the industry now on track to8'm sell more than five million homes this year, ora cell of redwoo
to turn back to washington where president obama did speak today about the tragedy in his emotional press conference, talking as commander in chief and as father of two young daughters. here abc's chief white house correspondent jake tapper now. >> reporter: as flags were lowered to half-staff at the white house this afternoon. >> our hearts are broken today. >> reporter: president obama reacted not as a president, but as a parent. >> i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. >> reporter: it was an emotional side of the president rarely seen in public. he repeatedly wiped away tears and paused to compose himself. >> the majority of those who died today were children, beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them -- birthdays, graduations, weddings, kids of their own. >> reporter: it was almost two years ago the president was called to be consoler in chief after a different act of gun violence in tucson where congresswoman gabby giffords was shot and six others were killed. >> we
Search Results 0 to 2 of about 3